Quarterly report pursuant to Section 13 or 15(d)

Receivables and Current Assets (Tables)

v3.21.2
Receivables and Current Assets (Tables)
 6 Months Ended
Jun. 30, 2021
Receivables And Current Assets [Abstract]  
Summary of Company's allowance for expected credit losses
The following table provides a rollforward of the Company’s allowance for expected credit losses:
 
    
2021
     
2020
  
Balance at January 1
   
$
2,916
 
   
$
1,555
 
Write-offs
      (329 )       —    
Increase in provision
      334        204  
    
 
 
     
 
 
  
Balance at March 31
   
 
2,921
 
   
 
1,759
 
    
 
 
     
 
 
  
Write-offs
      (1,224 )       (472 ) 
Increase in provision
      1,237        284  
    
 
 
     
 
 
  
Balance at June 30
   
$
2,934
 
   
$
1,571
 
    
 
 
     
 
 
  
Summary of major classes of other current assets
Major classes of other current assets consist of the following:
 
    
June 30,

2021
     
December 31,

2020
  
Prepaid expenses
    $
 
 
  
  
 
14,452      $
 
 
 
 11,973  
Service receivables
(1)
      1,061        508  
Deferred offering costs
      9,766        1,459  
Other current receivables
      277        1,131  
    
 
 
     
 
 
  
Total other current assets
   
$
25,556
 
   
$
15,071
 
    
 
 
     
 
 
  
 

 
(1)
Service receivables contain receivables from Geneva Re, Ltd. Further information regarding related parties is detailed in Note 15,
Related Parties
.